Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Shares Acquired by Monument Capital Management

Monument Capital Management lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 108.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,035 shares of the company’s stock after purchasing an additional 79,090 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF accounts for approximately 1.5% of Monument Capital Management’s portfolio, making the stock its 11th largest holding. Monument Capital Management’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $5,350,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wells Fargo & Company MN purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at approximately $63,463,000. Davis Investment Partners LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at approximately $54,638,000. Raymond James Financial Services Advisors Inc. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $46,132,000. Bouchey Financial Group Ltd purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $40,839,000. Finally, UBS Group AG purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $40,007,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 0.4 %

RSPT stock traded up $0.13 during midday trading on Wednesday, reaching $37.03. The stock had a trading volume of 93,685 shares, compared to its average volume of 479,754. The company’s fifty day simple moving average is $35.19 and its 200 day simple moving average is $34.17. The company has a market cap of $4.20 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $26.09 and a 52-week high of $37.28.

About Invesco S&P 500 Equal Weight Technology ETF

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RSPT was launched on Nov 1, 2006 and is managed by Invesco.